Sentences with phrase «of transporting oil»

And it says that alternate means of transporting the oil — rail, truck, barge — also have significant environmental and economic impacts, including higher cost, noise, traffic, air pollution and the possibility of spills.

Scenic Hudson will have a place at the table for this reviewing of alternative strategies to address the safety of transporting oil and other hazardous materials on the river.

Yet now that the pipeline application has been denied, the additional cost of transporting oil by rail costs would come into play.

Pipelines are the safest way of transporting oil and natural gas, and we need more of them, without delay.»

They also say pipelines are a safer method of transporting oil than trains, pointing to recent cases of oil train derailments.

The Secretary shall define the term outer Continental Shelf oil and gas activities for purposes of this subparagraph to include, but not be limited to, construction of vessels, drillships, and platforms involved in exploration, production, and development on the outer Continental Shelf; support and supply bases, ports, and related activities; offices of geologists, geophysicists, engineers, and other professionals involved in support of exploration, production, and development of oil and gas on the outer Continental Shelf; pipelines and other means of transporting oil and gas production from the outer Continental Shelf; and processing and refining of oil and gas production from the outer Continental Shelf.

One would think that passage of Keystone XL would also meet with the Sierra Club's approval, as well, for several reasons: Wealthier countries and populaces generally protect their enviroonment better than poorer ones; Sierra Club executives and members inevitable all use petroleum products (unless they are living «off the grid»); and pipelines are a proven safe method of transporting oil.

I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.

A pipeline feasibility study on the possibility of transporting oil from Kenya and Uganda — where Tullow has another operation — to the Indian Ocean is planned.

A recent poll for the Asia Pacific Foundation found that a majority (51 percent) of respondents felt that the potential risks to the environment of transporting oil and gas to Asia outweigh the potential economic benefits.

I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.

Not exact matches

Prime Minister Stephen Harper lent support to the 1,200 - kilometre, $ 6 - billion pipeline that would carry more than 500,000 barrels a day of crude oil from Edmonton through the Rockies to Kitimat, B.C., where it could be transported by tanker to markets in the U.S. and Asia, including China.

Netbacks, profit after subtracting transport and other expenses, averaged C$ 16.80 per barrel of oil equivalent in the first quarter, compared with C$ 21.25 a year earlier.

A global oil company executive recently predicted that petroleum's dominance of world energy would last only another 20 years; other ways of providing energy, particularly for transport, were about to emerge.

Transporting sand, drilling pipe, and crude oil furnished only 4.5 % of UP's volumes at the peak in 2014.

There has been a lot of money and effort put into building pipelines to transport oil from Alberta to the Pacific coast.

Henry Huttleston Rogers came up with the machinery by which naphtha could be separated from crude oil and was also the guy who thought of using long pipelines to transport oil instead of railway cars.

Roughly a quarter of all oil transported by sea (more than 15 million barrels per day) passes through the Strait of Malacca.

It was a stunning move against one of France's most powerful tycoons, whose Bollore Group has vast holdings from transport and media to the oil sector.

Different estimates have put the chance of accidents moving oil via rail at between three and 34 times that of pipeline transport.

So is scrutiny of ExxonMobil and the U.S. pipeline authority, the Pipeline and Hazardous Materials Safety Administration (PHMSA): the ruptured pipeline had been installed in the late 1940s, and ran through a densely populated area, yet it was transporting heavy crude, which might be more hazardous than regular oil.

McKenna also told Clinton that Canada is tripling the amount of oil that's transported by rail because of a lack of pipelines.

«Rail and supporting non-pipeline modes should be capable, as was projected in 2011, of providing the capacity needed to transport all incremental Western Canadian and Bakken crude oil production to markets if there were no additional pipeline projects approved.»

Companies in this industry lease out equipment for activities related to air, sea, and rail transport, as well as construction of highways, roads, tunnels, bridges, and oil drilling.

Because energy producers cut back on drilling and production when oil is cheap (and less profitable for them), investors were concerned that they would also stop ordering as many of MRC's pipes, which are used to pump and transport crude.

CALGARY — The first phase of Imperial Oil Ltd.'s Kearl oilsands mine will cost $ 2 billion more than its most recent estimate as the company faced issues transporting Korean - made modules to the mine site in northern Alberta and contended with harsh weather during startup.

Crude - by - rail shipments are expected to ramp up in the second half of this year and into the first half of next year to «very material volumes of oil,» Pourbaix said, adding price discounts will improve but will likely remain higher than usual because rail costs more than pipeline transport.

Soren Skou, CEO of Maersk Group, discusses his company's decision to separate its oil and transport divisions.

The pipeline operator has more than 84,000 miles of pipelines that transport natural gas, gasoline, and crude oil in the U.S. and Canada.

The discount on western Canadian oil is more than enough to compensate for the higher cost of unconventional transport.

Much of that oil will be shipped as dilbit, a combination of bitumen and light liquid chemicals used to dilute the bitumen so it can be transported in pipelines.

Although the Keystone XL would transport a small amount of conventional crude oil from North Dakota, the bulk of its contents would be bitumen, a particularly thick oil from Canada's oil sands region.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

Rail can't possibly transport 5 - 6 times more oil than what is currently happening, particularly after the two recent disasters and the anger over lack of responsibility and buck - passing by rail authorities.

The region's five natural gas pipelines are more explosive than oil pipelines, and — unlike oil — gas has no alternative mode of transport.

The vast majority of this oil and bitumen is transported by pipeline to U.S. refineries, where it now supplies eight per cent of domestic demand.

The current owner of the pipeline, American energy giant Kinder Morgan, recently expanded capacity to 300,000 barrels per day»... to transport growing volumes of product from Alberta's oil sands.»

Higher use of oil and gas in transport, heating and industry would lead EON and RWE to export its surplus energy from coal, gas, and nuclear to other European markets that are lagging behind.

For this analysis to hold water, you'd have to show that the barrels which would be transported by Keystone XL are, in fact, the marginal future barrels of oil sands production.

According to its website, this is the «largest energy infrastructure in North America,» owning interest or operating more than 80,000 miles of pipelines that transport natural gas, crude oil and more.

The Downstream segment comprises refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.

Or, as pointed out by the federal environment minister McKenna in a letter Thursday to B.C. environment Minister George Heyman, that Canada already has a mountain of regulation to ensure a world - leading regime to transport oil and products, including: the Railway Safety Act, the Pipeline Safety Act, the National Energy Board Act, the Canada Shipping Act, 2001, the Marine Liability Act, the Fisheries Act, the Canadian Environmental Protection Act, 1999, and that Ottawa has pledged to spend an additional $ 1.5 billion to protect its coasts and marine environment.

From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»

Sudan — Ethiopia Transport Corridor), consisting of a large port, a railway, oil pipelines, highways, international airports and cities, is a massive undertaking.

Energy giant TransCanada originally proposed the Keystone XL pipeline to transport 800,000 barrels daily of tar sands oil through five states from Alberta, Canada, 1,700 miles to Gulf of Mexico refineries in Texas.

Idaho gets most of its oil from Wyoming, and the oil is refined in Salt Lake City, which adds a transport cost that the customer ends up paying.

The derailment and explosions, which took place around 1:15 a.m. on Saturday, underscored a debate in the effort to transport North America's oil across long distances: is it safer and less environmentally destructive to move huge quantities of crude oil by train or by pipeline?

Transport Canada told Postmedia News that it identified the transportation of flammable liquids, such as crude oil, as an «emerging» issue in 2011, and that it is now reviewing new safety recommendations received in recent weeks from three industry - led committees «on an urgent basis.»

For example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensive.

Since the July 2013 Lac - Megantic fatal train disaster and other recent incidents involving oil by rail, Transport Canada has faced questions about whether it adequately addressed safety oversight concerns surrounding the transportation of dangerous cargo, which were repeatedly raised in internal audits.